Sabine Royalty Trust - SBR Stock Forecast, Price & News

Sabine Royalty Trust's stock was trading at $85.45 at the beginning of 2023. Since then, SBR stock has decreased by 2.1% and is now trading at $83.64.
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Sabine Royalty Trust saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 17,000 shares, an increase of 25.9% from the December 31st total of 13,500 shares. Based on an average daily volume of 74,800 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.
View Sabine Royalty Trust's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, February 9th 2023.
View our SBR earnings forecast.

Sabine Royalty Trust (NYSE:SBR) announced its quarterly earnings results on Thursday, November, 10th. The energy company reported $2.68 EPS for the quarter. The energy company earned $40.06 million during the quarter. Sabine Royalty Trust had a net margin of 97.08% and a trailing twelve-month return on equity of 816.96%.

Sabine Royalty Trust announced a monthly dividend on Friday, January 6th. Shareholders of record on Tuesday, January 17th will be given a dividend of $0.632 per share on Tuesday, January 31st. This represents a $7.58 dividend on an annualized basis and a dividend yield of 9.07%. The ex-dividend date is Friday, January 13th.
Read our dividend analysis for SBR.

Sabine Royalty Trust (NYSE:SBR) pays an annual dividend of $7.58 per share and currently has a dividend yield of 8.93%. SBR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for SBR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Sabine Royalty Trust investors own include AT&T (T), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Energy Transfer (ET), Wells Fargo & Company (WFC), Main Street Capital (MAIN), Pembina Pipeline (PBA), ARMOUR Residential REIT (ARR), Realty Income (O) and Shaw Communications (SJR).

Sabine Royalty Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "SBR."

Sabine Royalty Trust's stock is owned by a variety of retail and institutional investors. Top institutional investors include Mraz Amerine & Associates Inc. (0.19%), U S Global Investors Inc. (0.18%), Howard Financial Services LTD. (0.17%), Oxbow Advisors LLC (0.11%), Verdence Capital Advisors LLC (0.08%) and Navellier & Associates Inc. (0.07%).

Shares of SBR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SBR stock can currently be purchased for approximately $83.64.

Sabine Royalty Trust (NYSE:SBR) has a market capitalization of $1.22 billion and generates $60.91 million in revenue each year.

The company employs 2,020 workers across the globe.

Sabine Royalty Trust's mailing address is PARK PLACE SUITE 850 2911 TURTLE CREEK BOULEVARD, DALLAS TX, 75219. The official website for the company is www.sbr-sabine.com. The energy company can be reached via phone at (855) 588-7839 or via fax at 214-559-7010.